Buy Dhaniya Jul @ 7350 SL 7250 TGT 7450-7550. NCDEX - Kedia Advisory
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Jeera
Observations
Jeera trading range for the day is 28460-29780.
Jeera gains amid robust domestic and export demand besides tight global supplies.
China's cumin output soared to over 55-60 thousand tons from the previous 28-30 thousand tons.
Turkey anticipates producing 12-15 thousand tons, while Afghanistan's output could double.
In Unjha, a major spot market, the price ended at 29005 Rupees dropped by -0.13 percent.
BUY JEERA JUL @ 28800 SL 28400 TGT 29300-29600. NCDEX
Dhaniya
Observations
Dhaniya trading range for the day is 7292-7476.
Dhaniya prices dropped due to good arrivals
Daily arrival of 40000 bags witnessed in Ramganj mandi and around 20000 to 30000 bags coming in Kota.
Traders are reporting decline in yield highlighting the challenges faced in coriander cultivation
In Gondal, a major spot market, the price ended at 7449.2 Rupees gained by 0.33 percent.
BUY DHANIYA JUL @ 7350 SL 7250 TGT 7450-7550. NCDEX
Turmeric
Observations
Turmeric trading range for the day is 16474-17678.
Turmeric prices dropped amid news of increased sowing.
Turmeric sowing on the Erode line is reported to be double as compared to last year.
Turmeric was sown in about 3/3.25 lakh hectares in the country last year, which is estimated to increase to 3.75/4 lakh hectares this year.
In Nizamabad, a major spot market, the price ended at 17741.65 Rupees dropped by -0.53 percent.
BUY TURMERIC AUG @ 16800 SL 16500 TGT 17200-17500. NCDEX
